KBA Sees Perceptible Upturn in Printing Press Sector

Race to regain lost ground in the second half-year
After five months, KBA’s sales of €332m fell well short of group targets, but this is par for the course in the engineering sector, and Hansen is confident that lost ground can be regained in the second half-year. So despite a big reduction in capacity over the past twelve months KBA is aiming for a modest lift in sales from €1.05bn in 2009 to just over €1.1bn. By the end of May the group payroll had been trimmed to 6,465, and measures being implemented in the web press division will help reduce it to some 6,100 by the end of the year.